SAN DIEGO--(BUSINESS WIRE)--
Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of intelligent
wireless solutions, announced today that it started shipping its
machine-to-machine (M2M) Enabler® HS 3001 modules to Capstone Metering,
LLC, a Texas-based technology company. The module will be part of the
award-winning IntelliH2O® water meter solution by
Capstone and is among the first smart water meter solutions to include
cellular capabilities in the meter providing connectivity over Verizon
Wireless' CDMA network.
Capstone's IntelliH2O® intelligent water meter is
a self-reliant, sensor-rich, communications platform designed for a
remote, distributed network and incorporates an on/off valve that can be
controlled by centralized, analytical management software. The IntelliH2O®
Water Management System is a robust cloud-based water management
solution that fully integrates with the suite of IntelliH2O®
meters. The application may be accessed via desktop, laptop, tablet or
smartphone and offers an industry-leading suite of features including
management of the IntelliH2O® devices with a few
clicks, remote on/off of the device and monitoring/alerting capabilities.
"We are excited to be working with Capstone and bring cellular
capabilities to strengthen their award-winning smart water meter
solution," says Joe Peterson, VP of Sales for Novatel Wireless M2M
Business Unit. "Adding cellular capabilities to IntelliH2O®
meters will enhance communications providing information, analytics and
effective water management. We are proud to be selected as a partner and
be a part of Capstone's innovative solution for water conservation."
"By adding an Enabler module directly into the IntelliH2O®
meter, Capstone eliminates a utility's headache and costs to
support a wireless network," says Scott Williamson, CEO of Capstone
Metering. "We provide power with our on-board generator and rechargeable
battery to utilize cell communications with each meter."
ABOUT NOVATEL WIRELESS
Novatel Wireless, Inc. is a leader in the design and development of
intelligent wireless solutions based on 2G, 3G and 4G technologies. The
company delivers specialized wireless solutions to carriers,
distributors, retailers, OEMs and vertical markets worldwide. Product
lines include MiFi® Intelligent Mobile Hotspots, Ovation™ USB modems,
Expedite® embedded modules, Mobile Tracking Solutions, Asset Tracking
Solutions, and Enabler® smart M2M modules. These innovative products
provide anywhere, anytime communications solutions for consumers and
enterprises. Headquartered in San Diego, California, Novatel Wireless is
listed on NASDAQ: NVTL. For more information please visit www.nvtl.com.
(NVTLG)
This release may contain forward-looking statements, which are made
pursuant to the safe harbor provisions of the United States Private
Securities Litigation Reform Act of 1995, as amended to date. These
forward-looking statements involve risks and uncertainties. A number of
important factors could cause actual results to differ materially from
those in the forward-looking statements contained herein. These factors
include risks relating to technological changes, new product
introductions, continued acceptance of Novatel Wireless' products and
dependence on intellectual property rights. These factors, as well as
other factors that could cause actual results to differ materially, are
discussed in more detail in Novatel Wireless' filings with the United
States Securities and Exchange Commission (available at www.sec.gov)
and other regulatory agencies.
(C) 2013 Novatel Wireless. All rights reserved. The Novatel Wireless
name and logo and Enabler are trademarks of Novatel Wireless, Inc. Other
product or service names mentioned herein are the trademarks of their
respective owners.
ABOUT CAPSTONE:
Capstone Metering LLC ("Capstone") is a Texas-based technology company
that produces water meters and software applications that allow
utilities to manage water as never before. Founded in 2006 by a team of
individuals with rich wireless technology backgrounds in the water
industry, Capstone's roots lie in the development of remote, distributed
wireless communications networks. For more information on Capstone
Metering, please go to www.capstonemetering.com.
Media:
Novatel Wireless
Charlotte Rubin, +1-858-812-3431
crubin@nvtl.com
or
Capstone
Metering, LLC
Gena Jensen, +1-214-469-1065, ext. 23
gena.j@capstonemetering.com
Source: Novatel Wireless, Inc.
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